LONG Oil (Brent) - Target $150 in 2022
SUMMARY: LONG, oil and gas is heading for multi-year bull run.
Expect to hit new all times highs in 2022 over $150.
1. Underinvestment in industry, leading to reduced supple.
2. Excessive broad money (M2) money creation by all major central banks.
3. Bottlenecks in supple chains and increased risks in transportation.
BBG article - Natural Gas up 1000%
bloomberg.com/news/articles/2021-08-06/the-era-of-cheap-natural-gas-ends-as-prices-surge-by-1-000?sref=Kf0MXoXH
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*Not financial advice and is for educational purposes only. Always DYOR.
SO: What do you think? Let me know below.
Expect to hit new all times highs in 2022 over $150.
1. Underinvestment in industry, leading to reduced supple.
2. Excessive broad money (M2) money creation by all major central banks.
3. Bottlenecks in supple chains and increased risks in transportation.
BBG article - Natural Gas up 1000%
bloomberg.com/news/articles/2021-08-06/the-era-of-cheap-natural-gas-ends-as-prices-surge-by-1-000?sref=Kf0MXoXH
Please HIT the --->>> "LIKE" and "FOLLOW" button. <<<----
*Not financial advice and is for educational purposes only. Always DYOR.
SO: What do you think? Let me know below.
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